Ripple USD (RLUSD) has been launched on global exchanges, offering a stablecoin that merges fiat currency stability with blockchain efficiency. This new stablecoin is available across two prominent networks: Ethereum and Ripple's XRP Ledger (XRPL).
Upon its release, RLUSD experienced price fluctuations within a 20% range. However, it has since achieved stability as it is pegged to the U.S. dollar.